1,300 jobs at risk as administrators
are set to be appointed to Jamie Oliver’s restaurant empire.
The company, which includes
the more than 20 Jamie’s Italian restaurants as well as the celebrity chef’s
Fifteen and Barbecoa restaurants, is in the process of appointing accounting
firm KPMG as administrator.
Trouble has been brewing
for Oliver’s empire for some time. Last year, the group sold five of its
Australian restaurants in a last-minute rescue deal, while a sixth was forced
to close.
Oliver also sold 12
UK-based Jamie’s Italian branches in January 2018, following six closures in
2017.
Around the same time, court
documents revealed that Jamie’s Italian had debts of more than £70m, including
£30m in overdrafts and loans.
At its peak, there were
more than 40 Jamie’s Italian branches.
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